LCY 0.00% 1.1¢ legacy iron ore limited

Hi All From reading the 2016 Annual report it looks like S.Heng...

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  1. Fal
    197 Posts.
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    Hi All
    From reading the 2016 Annual report it looks like S.Heng has payed back all monies owed to the company. Page 48 other receivables. I think the company will have to sure up a large resource of DSO to be a viable iron player in the near future just too much DSO and more advanced magnetite plays closer to port. Maybe insufficient DD was done on the Queensland coal tenements. I note that around the same time (now) RAP was offered to buy EPC 2769 from one of the same companies. Still think the company has a lot of upside at this price. All Only IMO and DYOR
    Good luck to all holders
 
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